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Acal PLC announces acquisition of Contour Holdings Limited

Friday, 8 Jan 2016 02:00am EST

Acal PLC:Announces the acquisition of Contour Holdings Limited and its affiliate Contour Electronics Asia Limited, a UK based designer and manufacturer of custom cabling and connector products , for an initial consideration of £17.0 mln on a debt free, cash free basis, before expenses.

Telling Telecommunication Holding plans to fully acquire subsidiary

Monday, 28 Dec 2015 07:00pm EST

Telling Telecommunication Holding Co Ltd:Says plans to acquire remaining 30 pct stake in a communication subsidiary.

Sanlian Commercial to buy Zhejiang Techain Electronics and raise fund

Monday, 28 Dec 2015 07:00pm EST

Sanlian Commercial Co., Ltd:Says plans to acquire Zhejiang Techain Electronics technology for 900 million yuan ($138.74 million) via cash, share issue.To issue shares to raise up to 900 million yuan in private placement.

Ingram Micro Inc completes acquisition of Odin Service Automation Platform and Associated Technologies

Monday, 21 Dec 2015 04:03pm EST

Ingram Micro Inc:Has completed the acquisition of certain assets from Parallels Holdings Ltd., including the Odin Service Automation platform, associated cloud management technologies, intellectual property and the Odin brand.

Telling Telecommunication Holding updates subsidiary to fully acquire China-based company

Monday, 14 Dec 2015 07:00pm EST

Telling Telecommunication Holding Co Ltd:Says a communication subsidiary to acquire 100 pct stake in a China-based information technology company from Hong Kong-based company TRENDY VICTOR LIMITED.Transaction amount 1,460 mln yuan.

LDLC.Com in talks to acquire materiel.net

Monday, 7 Dec 2015 12:30pm EST

LDLC.Com SA:Enters into exclusive negotiations with materiel.net.Talks are to acquire the full 100 percent of materiel.net share capital.

PCM Announces Closing of Its Acquisition of Certain Business to Business (B2B) Assets of Systemax's North American Technology Group Including the TigerDirect Brand

Wednesday, 2 Dec 2015 09:00am EST

PCM, Inc:closed the previously announced transaction to acquire certain Business to Business (B2B) assets of Systemax's North American Technology Group (NATG) including TigerDirect brand for $14 million in cash.PCM did not acquire cash, accounts receivable, inventory or trade payables in connection with the transaction, which closed on December 1, 2015.Under terms of agreement, PCM acquired the right to hire about 400 B2B sales representatives located across the United States and Canada, all rights to NATG B2B customer list (and not any consumer customer list), certain B2B customer.And vendor contracts, trademarks and other intellectual property rights including the TigerDirect brand, and certain fixed assets and equipment.parties have entered into a transition services agreement to facilitate an orderly transition of the purchased assets.PCM expects that the acquisition will significantly enhance its footprint in the small-medium-business marketplace, as well as in the educational and public sector markets.

Ingram Micro Solidifies Leadership Position in the Cloud With Acquisition of Odin Service Automation Platform

Wednesday, 2 Dec 2015 06:59am EST

Ingram Micro Inc :Solidifies leadership position in the cloud with acquisition of odin service automation platform.Transaction is not expected to materially impact Ingram micro's 2016 financial results.To buy parallels odin service automation platform along with associated cloud management technologies, intellectual property, odin brand.Approximately 500 odin employees are expected to join Ingram Micro.Says parallels will maintain ownership of its two other major service provider business units plesk and virtuozzo.

PCM Announces Acquisition of Certain Business to Business (B2B) Assets of Systemax's North American Technology Group including the TigerDirect Brand

Wednesday, 18 Nov 2015 09:15am EST

PCM, Inc. and Systemax Inc:Says that they have entered into a definitive agreement under which PCM will acquire certain Business to Business (B2B) assets of Systemax's North American Technology Group (NATG) including TigerDirect brand for $14 million in cash.PCM will not acquire cash, accounts receivable, inventory or trade payables in connection with transaction.transaction, which is subject to customary closing conditions, is expected to close on December 1, 2015.Under terms of agreement, PCM will acquire right to hire about 400 B2B sales representatives located across United States and Canada, all rights to NATG B2B customer list , certain B2B customer and vendor contracts, trademarks.And also will acquire other intellectual property rights including TigerDirect brand, and certain fixed assets and equipment.At closing, parties will enter into transition services agreement to facilitate an orderly transition of purchased assets.PCM expects that acquisition will significantly enhance PCM's footprint in small-medium-business marketplace, as well as in educational and public sector markets.

Shenzhen Aisidi subsidiary to acquire stake in Hainan-based company

Tuesday, 17 Nov 2015 07:00pm EST

Shenzhen Aisidi Co Ltd:Says its Beijing-based wholly owned company to inject capital of 112.2113 mln yuan to a Hainan-based micro-credit company (target company) through to acquire 51 pct stake in target company.Says subsidiary to raise stake in the target company to 51 pct from 0 pct.

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